MPC to Increase Rate by 100bps to 25.75% – Analysts
MPC to Increase Rate by 100bps to 25.75% – Analysts The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) would increase the benchmark policy rate by 100…
CBN Begins FX Market Intervention, Sells Dollar to Banks
CBN Begins FX Market Intervention, Sells Dollar to Banks The Central Bank of Nigeria (CBN) has returned to the foreign exchange market to boost FX liquidity amidst perpetual US dollar…
Germany, Nigeria Trade Relations Hits €3bn – Envoy
Germany, Nigeria Trade Relations Hits €3bn – Envoy The German Ambassador to Nigeria, Mrs Annett Gunther, says trade relations between Federal Republic of Nigeria and Federal Republic Germany currently stands…
Naira Lost 43% in 1-Month as Hot Money Shifts Base
Naira Lost 43% in 1-Month as Hot Money Shifts Base The naira lost about 43% of its value in the foreign exchange market as volume of US dollar in the…
Manchester City Claim Record Fourth Straight EPL title
Manchester City Claim Record Fourth Straight EPL title Phil Foden struck twice early on as Manchester City secured a historic fourth successive Premier League title with a convincing 3-1 win…
Table tennis star Bello Qualifies for Paris Olympics
Table tennis star Bello Qualifies for Paris Olympics Nigeria’s table tennis star, Fatima Bello has qualified for the 2024 Paris Olympics holding in France. Bello joined the duo of Edem…
Fitch Upgrades Kaduna, Lagos, Oyo State Ratings Outlook
Fitch Upgrades Kaduna, Lagos, Oyo State Ratings Outlook Fitch Ratings has revised the outlook on the Long-Term Foreign and Local-Currency Issuer Default Ratings or credit ratings of Kaduna State, Lagos…
SMEs create inclusive, prosperous societies world over- ECA
SMEs create inclusive, prosperous societies world over- ECA The United Nations Economic Commission for Africa (ECA), says Small and Medium Enterprises (SMEs) worldwide are the missing link to creating inclusive,…
Tinubu Assures Chinese Executives Safety of Investments
Tinubu Assures Chinese Executives Safety of Investments President Bola Tinubu says Nigeria is a safe hub for investments and that his administration will provide the needed support to ensure that…
ECOWAS Bloc Emerging Tourist Destination —Official
ECOWAS Bloc Emerging Tourist Destination —Official The Economic Community of West African States (ECOWAS) says the bloc is now an emerging tourist destination. Anthony Elumelu, ECOWAS acting Director, Private Sector…